Quarterly report pursuant to Section 13 or 15(d)

Derivatives and Fair Value Measurements (Tables)

v2.4.0.6
Derivatives and Fair Value Measurements (Tables)
6 Months Ended
Dec. 29, 2012
Fair Value Disclosures [Abstract]  
Outstanding financial instruments
These financial instruments are not used for trading or speculative purposes.
 
Effective Date
 
Notational
Amount
 
Fixed LIBOR Rate
 
Maturity Date
Interest Rate Swap
September 1, 2011
 
$10 million
 
0.7650
%
 
September 1, 2013
Interest Rate Swap
September 1, 2011
 
$10 million
 
0.9025
%
 
March 1, 2014
Interest Rate Swap
September 1, 2011
 
$10 million
 
1.0700
%
 
September 1, 2014
Financial liabilities measure at fair value on a recurring basis
The following financial liabilities are measured at fair value on a recurring basis (in thousands):
 
Fair Value Measurements Using
Period Ended
Total
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Interest Rate Swaps
 
 
 
 
 
 
 
December 29, 2012
$
217

 

 
$
217

 

June 30, 2012
$
209

 

 
$
209

 

Summary of fair value and presentation in the consolidated balance sheets for derivatives
The following table summarizes the fair value and presentation in the consolidated balance sheets for derivatives as of December 29, 2012, and June 30, 2012.
 
December 29,
2012
 
June 30,
2012
Accrued expenses
$
31

 
$

Deferred tax liabilities
(83
)
 
(80
)
Other liabilities
186

 
209

Accumulated other comprehensive loss
$
134

 
$
129